# SL2 Capital

SL2 Capital is an Asset Manager based in Dubai, United Arab Emirates.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Dubai, United Arab Emirates
- **Region:** Middle East
- **Address:** Dubai, United Arab Emirates
- **Founded:** 2017
- **Assets under management:** Undisclosed
- **Website:** sl2.capital
- **LinkedIn:** https://www.linkedin.com/company/sl2capital

## Regulatory record

- **Reports private funds:** No

## About

SL2 Capital invests in mission-driven founders developing web 3.0 technologies. The firm has made 19 investments to date. Its most recent investment was in DAFI Protocol, a Seed VC investment made on November 05, 2025.

## Sectors

- Venture Capital
- Crypto / Digital Assets
- Enterprise Software
- FinTech
- IoT / Hardware

## Offices

- Claymont, Delaware, United States

## People

- Iftikhar Qasim — Founder / Partner
- George Jason Absher — Founder / Partner

## Questions

### How does SL2 Capital source its proprietary deal flow?

SL2 benefits from two distinct sourcing channels. First, its spin-out from Sea Capital provides access to the founder and operator networks built across Sea Limited's e-commerce and gaming businesses in Southeast Asia. Second, the firm's base in Dubai and its membership in the Emirates Family Office Association and Crypto Oasis Ecosystem connect it to Gulf-region private allocators, many of whom bring co-investment opportunities in early-stage tech and digital assets.

### Does SL2 Capital participate in fund commitments or only direct deals?

Publicly available information shows only direct company and token positions. There is no record of SL2 deploying capital into third-party venture funds as a limited partner. Its portfolio footprint — Solana, Serum, IoTeX, and a now-historical FTX position — points to an entirely direct, concentrated approach rather than a fund-of-funds model.

## Related profiles

- [Skywood Capital](https://altss.com/profile/skywood-capital)
- [Slack Fund](https://altss.com/profile/slack-fund)

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Last updated: 2026-06-03T20:00:00.000Z

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